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931 1st Street

Sturgis, SD 57785
  • $4,250,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 74157
UPDATED: 21 min ago
$4,250,000
  • 0
    BEDS
  • 1.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1969
Area:

School Ratings & Info

Description

The World-Famous Knuckle Saloon. An Iconic bar and entertainment venue that not only serves thousands of Sturgis Rally attendees but is also a local Sturgis institution. Space is the key to a profitable Sturgis Motorcycle Rally and this business has it. A full block (45000 sq. ft.) in downtown Sturgis with 28431 square feet of floor space and storage. This bar has been a must see for Rally goers for years. The local support has been tremendous too. It's the top choice for all the Sturgis family and class reunions and any sports team get together that comes up. Everything from weddings to motocross races in the parking lot. Popular events like the Bull riding in the pavilion and a major player in the Sturgis Mustang Rally. Stages inside and out give you all sorts of entertainment options. Restaurants in both The Knuckle and The Brewery. Outstanding retail sales to compliment the rest of the operation. The parking lot is available for the bar's patrons, but it is also a great source of income as Rally vendor space. It's hard to imagine a more valuable liquor license as limitations apply based on the population of Sturgis yet Sturgis is a world-famous party town.

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© 2022 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Black Hills SD Realty. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Black Hills SD Realty are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2022-11-30T22:44:44.49.
www.blackhillsrealtyhomes.com/homes/133880168
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931 1st Street Sturgis, SD 57785

  • Price: $4,250,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 21 min ago
  • MLS #: 74157
0
Beds
0
Baths
0
½ Baths
1.03
Acres
1969
Built
Neighborhood:
Sturgis
Area:
Sturgis
Property Description
The World-Famous Knuckle Saloon. An Iconic bar and entertainment venue that not only serves thousands of Sturgis Rally attendees but is also a local Sturgis institution. Space is the key to a profitable Sturgis Motorcycle Rally and this business has it. A full block (45000 sq. ft.) in downtown Sturgis with 28431 square feet of floor space and storage. This bar has been a must see for Rally goers for years. The local support has been tremendous too. It's the top choice for all the Sturgis family and class reunions and any sports team get together that comes up. Everything from weddings to motocross races in the parking lot. Popular events like the Bull riding in the pavilion and a major player in the Sturgis Mustang Rally. Stages inside and out give you all sorts of entertainment options. Restaurants in both The Knuckle and The Brewery. Outstanding retail sales to compliment the rest of the operation. The parking lot is available for the bar's patrons, but it is also a great source of income as Rally vendor space. It's hard to imagine a more valuable liquor license as limitations apply based on the population of Sturgis yet Sturgis is a world-famous party town.
Exterior Features

Construction BlockFrame Lot Description Corner LotInterior Lot Lot Size 45000 Sq Ft Marquee Yes Parking Parking LotStreet Parking Parking Spaces 34 Road Surface BlacktopConcrete

Interior Features

Approx Building Sq Ft 28431 Basement Substructure Partial BasementSlab Cooling Refrig. C/Air Heating Forced AirNatural Gas

Property Features

Access Public Access Auction YN No Commercial Property Type Business/Land/Building(S) Documents On File AppraisalFinancialsFurniture &Amp; Fixture ListPhotographsProfit/Loss Statement Electric Location To Lot Extras FurnishedHi-Traffic LocationHigh VisibilityKitchen AreaLounge/BarRestaurantRestrooms For Sale Or Rent For Sale Mineral Rights Unknown Number Of Building Levels 2 Number Of Employees 101 - 25026 - 50 Occupant Owner Owner Salary Expenses Yes Possession Negotiable Short Sale No Subdivision YN No Terms CashNew Loan Type Lot Other Utilities Sewer City (At Site)

Listing information © 2022 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Dan Martin of Re/Max Results: 605-341-4300.



© 2022 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Black Hills SD Realty. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Black Hills SD Realty are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2022-11-30T22:44:44.49.
 
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Black Hills SD Realty
4905 5th Street, Ste. 101
Rapid City SD, 57701